ARTI SAN CONTRACTOR POLI CY WHO IS UTICA FIRST INSURANCE COMPANY? - - PDF document

ARTI SAN CONTRACTOR POLI CY

WHO IS UTICA FIRST INSURANCE COMPANY?  Regional Carrier based in New York State, in business since 1903.  $ 160 million in Written Premium , AM Best “A” Rated  Standard Lines Carrier, Specializing in BOP , Small Contractors, and Homeowners  Currently writing business in 9 States: NY, NJ, CT, MA, PA, OH, MD, VA, FL, with over 400 agents  $ 50 million of growth in last 7 years, over $ 140 million in Surplus  Recent WARD’s “Top 50” carrier in the US  Combined Ratio under 100 in 7 of last 8 years  Over 81,000 policies in force  A strong reputation for easy quoting, fast issuance, and “never a late renewal”  Opened up in FL 12/16 for Artisan Contractor Product (only), almost 1,000 policies written in less than one year, through only 10 agents!  A company dedicated to “KEEPING INSURANCE SIMPLE”

WHAT IS THE UTICA FIRST ARTISAN CONTRACTOR POLICY ( ART) ?  A value priced, easy to rate GL policy for smaller, residentially oriented contractors with 5 or less full time employees.  We have over 42,000 contractor customers in force as of year‐end 2017, and we have been writing this product since 1993 with excellent profitability.  Our largest classes of writings in Florida are: 1 Landscape Gardening 2 Handyman 3 Pool Cleaning 4 Carpentry 5 Painting‐Interior 6 Floor Covering Installation 7 Tile, Stone, or Marble 8 Cabinetmakers 9 Painting‐ Exterior 10 Door or Window Installation 11 Appliance or A/C installation 12 Electric Work 13 Heating and A/C installation 14 Plumbing—Residential 15 Fence Erection 16 Driveway paving 17 Drywall Installation 18 Interior Decorators 19 Glaziers 20 Masons 21 Siding Installation  93 % of our customers are 1 and 2 man operations  We say YES to new ventures and seasonal operations  No Premium Audits! Policy is rated on number of employees  Up to 35 % of work can be commercial in nature for most classes

 Policies rated up in 7 minutes or less on the UF Website! KEY OPTIONAL COVERAGES OFFERED  Policy Language includes Primary/Noncontributory, and Waiver of Subrogation  Blanket Additional Insured Endorsement: $ 25  “TOOLBOX” Endorsement : $ 200 Includes: $100,000 Fire Legal Liability $ 10,000 Tools and Equipment ($ 500 ded) $ 10,000 Installation Floater ($ 500 ded) $ 5,000 Computer Coverage $ 5,000 Accounts Receivable Coverage $ 5,000 Valuable Papers and Records $ 1,000 Care, Custody, or Control limited Coverage  Blanket Equipment Floater: $ 10,000 limit, $ 50.  Optional Umbrella or Excess Policy offered: $ 1 million to $ 5 million limits, cost is either $ 500 or $750 per million; higher limit if insured has 3 or more autos, or any Heavy or Extra Heavy Vehicles. DISCUSS WITH YOUR INSURED:  Policy does not include X,C, U Coverage  Policy does not provide Hired and Non‐owned Auto coverage  Policy contains exclusions for ROOFING and SPRAY PAINTING (roofing of a new addition is ok, but not of existing buildings)  Ineligible if insured does work above 3 stories, leases equipment to others,

• r sub‐contracts more than 25 % of their work to others.

 Following the 2nd renewal, the insured is mandated to complete a short phone or online survey to verify current operations.